MEKRI CONSULT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MEKRI CONSULT
Largest movements
- Tangible fixed assets -€28,103
down €28,103 (-24.9%), from €112,725 to €84,622
of which Land and buildings: -€16,938
- Current investments -€15,205
no longer reported in 2025 (was €15,205)
- Receivables within one year -€15,078
down €15,078 (-9.5%), from €158,438 to €143,360
of which Trade receivables: -€14,203
- Cash +€10,454
up €10,454 (+6.1%), from €172,784 to €183,238
mainly Net result for the year (+€68,416) and Depreciation (+€31,469)
- Current portion of long-term debt -€27,666
no longer reported in 2025 (was €27,666)
- Reserves -€25,794
down €25,794 (-8.1%), from €319,740 to €293,946
- Other debts +€12,262
up €12,262 (+14.2%), from €86,368 to €98,630
- Tax, wage and social debts -€8,995
down €8,995 (-46.8%), from €19,216 to €10,221
- Gross operating margin -€10,123
down €10,123 (-7.8%), from €129,594 to €119,470
- Financial income +€6,742
up €6,742 (+117%), from €5,777 to €12,519
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €468,604 | €420,968 | -€47,637 | -10.2% |
| Fixed assets | 21/28 | €112,725 | €84,622 | -€28,103 | -24.9% |
| Tangible fixed assets | 22/27 | €112,725 | €84,622 | -€28,103 | -24.9% |
| Land and buildings | 22 | €86,759 | €69,821 | -€16,938 | -19.5% |
| Plant, machinery and equipment | 23 | €1,561 | €1,509 | -€52 | -3.3% |
| Furniture and vehicles | 24 | €8,936 | €903 | -€8,032 | -89.9% |
| Other tangible fixed assets | 26 | €15,470 | €12,389 | -€3,081 | -19.9% |
| Current assets | 29/58 | €355,879 | €336,345 | -€19,533 | -5.5% |
| Amounts receivable within one year | 40/41 | €158,438 | €143,360 | -€15,078 | -9.5% |
| Trade receivables | 40 | €17,563 | €3,360 | -€14,203 | -80.9% |
| Other amounts receivable | 41 | €140,875 | €140,000 | -€875 | -0.6% |
| Current investments | 50/53 | €15,205 | - | -€15,205 | |
| Cash at bank and in hand | 54/58 | €172,784 | €183,238 | +€10,454 | +6.1% |
| Deferred charges and accrued income | 490/1 | €9,451 | €9,747 | +€296 | +3.1% |
| Total equity and liabilities | 10/49 | €468,604 | €420,968 | -€47,637 | -10.2% |
| Equity | 10/15 | €325,940 | €300,146 | -€25,794 | -7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €319,740 | €293,946 | -€25,794 | -8.1% |
| Distributable reserves | 133 | €319,740 | €293,946 | -€25,794 | -8.1% |
| Amounts payable | 17/49 | €142,664 | €120,822 | -€21,843 | -15.3% |
| Amounts payable within one year | 42/48 | €142,376 | €120,822 | -€21,555 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €27,666 | - | -€27,666 | |
| Trade debts | 44 | €9,126 | €11,970 | +€2,844 | +31.2% |
| Suppliers | 440/4 | €9,126 | €11,970 | +€2,844 | +31.2% |
| Taxes, remuneration and social security | 45 | €19,216 | €10,221 | -€8,995 | -46.8% |
| Taxes | 450/3 | €19,216 | €10,221 | -€8,995 | -46.8% |
| Other amounts payable | 47/48 | €86,368 | €98,630 | +€12,262 | +14.2% |
| Accrued charges and deferred income | 492/3 | €288 | - | -€288 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,718 | €31,469 | +€752 | +2.4% |
| Other operating charges | 640/8 | €2,827 | €2,915 | +€88 | +3.1% |
| Gross operating margin | 9900 | €129,594 | €119,470 | -€10,123 | -7.8% |
| Operating profit (loss) | 9901 | €96,049 | €85,086 | -€10,963 | -11.4% |
| Financial income | 75/76B | €5,777 | €12,519 | +€6,742 | +117% |
| Recurring financial income | 75 | €5,777 | €12,519 | +€6,742 | +117% |
| Financial charges | 65/66B | €1,854 | €777 | -€1,077 | -58.1% |
| Recurring financial charges | 65 | €1,854 | €777 | -€1,077 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €99,971 | €96,828 | -€3,143 | -3.1% |
| Income taxes | 67/77 | €29,275 | €28,412 | -€864 | -3.0% |
| Profit (loss) for the period | 9904 | €70,696 | €68,416 | -€2,280 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,696 | €68,416 | -€2,280 | -3.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.